Business & Finance
Monaco’s GDP doubles in a decade: which industries are fuelling the Principality’s growth?
Monaco’s economy has almost doubled in size over the past decade, with GDP soaring from €4.94 billion in 2013 to €9.24 billion in 2023, according to the latest IMSEE data. This rapid growth, in stark contrast to slower recoveries across Europe, positions the Principality as an economic powerhouse driven by high-value industries.
Read more
Calling all Monegasque entrepreneurs
Monaco Boost has put out the call for Monegasque entrepreneurs to take advantage of the Principality’s new business incubator, reserved exclusively for nationals.
"If Covid was a systemic wave, climate is a systemic tsunami"
We talk to Damian Payiatakis, Head of Sustainable and Impact Investing at Barclays Private Bank, about intergenerational wealth transfer: trust, sustainable investment, and Covid-19.
King recognises Monaco’s Ambassador to Spain
Catherine Fautrier-Rousseau is officially the new Ambassador to Spain after presenting her Letters of Credence to the country’s king at the Royal Palace in Madrid.
What impact has Covid had on Monaco’s property market?
Real estate sales and prices were down in 2020, not a huge surprise in a year that saw nearly every sector of the economy hit by Covid. But it wasn’t nearly as bad as it could have been.
France: Silver lining amid massive GDP plunge
France suffered the worst economic recession since WWII in 2020, far surpassing the 2.2% contraction of 2009. But activity held up better than expected during the second lockdown.
Geneva closes probe into Rybolovlev's art complaint
Swiss prosecutors have dropped a case brought by Dmitry Rybolovlev, president of AS Monaco, against an art dealer he accused of swindling him out of hundreds of millions of euros.
